Walmart’s warning about shoplifting shouldn’t come as a surprise: Varney



FOX Business host Stuart Varney argues ‘it’s easy to blame liberal district attorneys’ who don’t take action to curb thefts.

STUART VARNEY: So, it’s come to this: Walmart, America’s biggest bricks and mortar retailer, has issued a warning about shoplifting. It’s so bad that they may have to close stores and raise prices. We’re all going to pay for this. 

In the retail business, it’s called shrinkage. How much of the stuff on the shelves is stolen.

It runs to billions a year at Walmart, and the CEO says it’s getting worse.

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22 comments

  1. I won't shop there if I have to pay for price hikes due to shoplifting I'm not doing.

  2. And take the dumbacraps too

  3. The shoplifter has more rights than the stores do.. you can't detain them for fear of being sued

  4. Maybe they should do away with self checkout at stores. I use them almost exclusively. Better than standing in line. And, I use to work retail so I’m hip to barcodes. But if that’s where the million dollar leak is happening, get rid of ‘em!
    One employee cannot watch all 8 self checkout registers. There’s always some employee at the exit checking receipts. But they’re not always on it. One could easily slip by while they’re otherwise engaged. Theft has been here since earth’s inception. Animals steal other predators kills. An eagle will snatch another bird outta the air, just for the food it’s carrying. Ben Franklin didn’t want the eagle to be America’s National bird. He said that they had low moral character. True. They’d rather steal a meal than hunt for one. The entire species on this planet steals. They need more loss prevention people working the floor. All surreptitiously as if they’re shopping too. Gotcha!

  5. All the hard-working people are paying more taxes and going to give up more freedoms to give criminals more freedoms and free stuff

  6. With Millions of Illegal Immigrants running around in every state and thousands more crossing the unprotected southern border this will only get worse every day,

  7. What are they expect everything is self checkout

  8. Ask Biden and Kamala why the crime rate all over America has gone so high after they came to the White House.. ?!

  9. Crime becomes normal without law enforcement. Even petty theft, once people just look away, destabilizes the social fabric of entire comminities. Can't just take what's not yours.

  10. I bet Amazon sure has something to gain here so count on his support since no one is raiding the Amazon warehouses. we need to make sure Amazon gets raided.

  11. Better to pay to much than too little,however it's not just Wal-Mart
    Having their bottoms hit hard rocks.
    Those with stuft shirts tend not to believe in the Golden rule.

  12. Come on man its the fine people of color just trying to feed their families

  13. Just close the stores that are a problem don't punish the rest of your shoppers because of it. You are already the most hated retail chain.

  14. Surprise, Surprise!!😖😖

  15. Why would anyone be surprised? The Customer is Always Right.

  16. Big Surprise🙄😂 go woke, go broke. No cash bail and no accountability. FJB

  17. This is the inevitable conclusion of the "Customer's Always Right" age.
    People act like shops are Public Property and clerks are personal servants.
    Screw you people. I retired on my SSI pittance – you don't deserve to be served: from the nasty arrogant rich b*tches, to the mouthy cheapskate MAGA hats, to every nasty b*tch who has a race card to pull or a Karen persona to act out with.
    You're all useless and worthless, and you can wait on yourselves and be exhibitionists for each other, instead of clerks.

  18. Maybe they should hire cashiers

  19. Fine as long as they only raise prices at stores getting robbed. I'm not paying for liberal laws not in my state.